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Grant Thornton Bharat Intern Interview Questions and Answers

Updated 21 Jul 2024

Grant Thornton Bharat Intern Interview Experiences

1 interview found

Intern Interview Questions & Answers

user image Anonymous

posted on 21 Jul 2024

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. Questions on prior experience on resume.

Interview questions from similar companies

I applied via Referral and was interviewed before Oct 2019. There were 3 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Round - what were the business proccesses you worked on? 2- disadvantages of the eBao/ COTS solution you worked.
  • Q2. Round 2- explain difference between rewrite and reinstatement
  • Ans. 

    Rewrite and reinstatement are two different methods of policy modification.

    • Rewrite involves creating a new policy from scratch, while reinstatement involves restoring a lapsed policy.

    • Rewrite may result in changes to coverage, premiums, and terms, while reinstatement typically restores the policy to its original state.

    • Examples of when to use rewrite include major life changes or significant changes in risk, while reinst...

  • Answered by AI
  • Q3. If a policy is billed monthly and is an annual policy and due to non payment the policy is cancelled during June. (Term is Jan 2019 to Jan 2020). policyholder reinstates the policy in September! Therefore,...
  • Ans. 

    No, the company will not process the claim.

    • The policy was cancelled in June due to non-payment.

    • The policyholder reinstated the policy in September.

    • The claim arises in August, which is before the policy was reinstated.

    • Since the policy was not active in August, the company will not process the claim.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Read the basic concepts of Insurance and attend the interview!

I appeared for an interview before Apr 2021.

Round 1 - One-on-one 

(1 Question)

  • Q1. What do you know about RTR, PTP?
  • Ans. 

    RTR stands for Ready to Run and PTP stands for Precision Time Protocol.

    • RTR is a term used in the automotive industry to describe a car that is ready to be driven off the lot without any additional modifications.

    • PTP is a protocol used to synchronize clocks in a network.

    • PTP is often used in industrial automation and control systems.

    • RTR and PTP are not directly related, but both are important in their respective fields.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Explained both the processes in detail.
Read about them and should be fairly simple.

Skills evaluated in this interview

I applied via Naukri.com and was interviewed before Feb 2021. There were 4 interview rounds.

Round 1 - Assignment 

.

Round 2 - HR 

(3 Questions)

  • Q1. Share details of your previous job.
  • Q2. What are your salary expectations?
  • Q3. Tell me about yourself.
Round 3 - Technical 

(1 Question)

  • Q1. Question related to Job profile , experience.
Round 4 - HR 

(3 Questions)

  • Q1. What are your salary expectations?
  • Q2. What is your family background?
  • Q3. What are your strengths and weaknesses?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared for questions basis job profile.

I applied via Approached by Company and was interviewed before Nov 2021. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. Tell me abt yourself
Round 3 - Technical 

(1 Question)

  • Q1. Product knowledge & other general stuff

Interview Preparation Tips

Interview preparation tips for other job seekers - They need ppl and they offer you well. Depends on how well you bargain!

Interview Questionnaire 

1 Question

  • Q1. What is supervised ML
  • Ans. 

    Supervised ML is a type of machine learning where the algorithm is trained on labeled data to make predictions or classifications.

    • Supervised learning involves a dataset with labeled examples

    • The algorithm learns from the labeled data to make predictions on new, unlabeled data

    • Examples include image classification, spam filtering, and predicting housing prices

    • Common algorithms include decision trees, logistic regression,

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and honest with your answers

Skills evaluated in this interview

Interview Questionnaire 

1 Question

  • Q1. Audit Questions on how to perform audit in specific situations like when client is refusing and other related

Interview Preparation Tips

Interview preparation tips for other job seekers - Be Confident and reply extra like SA name or no.

I applied via Referral and was interviewed in Sep 2020. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. Fixed Asset, Debtor, Inventory Audit procedures
  • Q2. Journal entries
  • Q3. Audit materiality

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident

I applied via Campus Placement and was interviewed before Jul 2020. There were 4 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. What is bank reconciliation?
  • Ans. 

    Bank reconciliation is the process of comparing a company's bank statement with its own accounting records.

    • It helps to identify any discrepancies between the two records.

    • It ensures that all transactions are accurately recorded in the company's books.

    • It involves matching transactions on the bank statement with transactions in the company's accounting system.

    • Any differences are investigated and resolved.

    • Examples of items...

  • Answered by AI
  • Q2. What is cash flow statement?
  • Ans. 

    Cash flow statement is a financial statement that shows the inflow and outflow of cash in a business over a period of time.

    • It shows the sources of cash and how it is used.

    • It is divided into three sections: operating, investing, and financing activities.

    • It helps in analyzing the liquidity and solvency of a business.

    • Example: A company's cash flow statement shows that it has a positive cash flow from operating activities,...

  • Answered by AI
  • Q3. Journal entries
  • Q4. More questions on cash flow statement by asking and example

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare basics of accounts only for technical round

I applied via Naukri.com and was interviewed before Jan 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. CARO2020, Companies Act, SA, INDA AS, AS, details of work done in Articleship

Interview Preparation Tips

Interview preparation tips for other job seekers - Read CARO, Latest Amemnment, Audit Report Format, IND AS 115, 116, 12 and AS and have a summary of work done in articleship

Grant Thornton Bharat Interview FAQs

How many rounds are there in Grant Thornton Bharat Intern interview?
Grant Thornton Bharat interview process usually has 1 rounds. The most common rounds in the Grant Thornton Bharat interview process are Technical.

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Grant Thornton Bharat Intern Interview Process

based on 1 interview

Interview experience

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Grant Thornton Bharat Intern Salary
based on 4 salaries
₹1.2 L/yr - ₹4.5 L/yr
41% less than the average Intern Salary in India
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4.9/5

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4.3

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4.2

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